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South Kalgoorlie
AREA REPORTS

South Kalgoorlie

South Kalgoorlie - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6430

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SOUTH KALGOORLIE, 6430 ranks 140th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 31.71% for property investors.

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $270,000.

The upward trend in home prices in SOUTH KALGOORLIE, 6430 averaged 7.58% per annum over a 3-year period.

Average weekly rents on listings have reached the $350 mark, reflecting a 6.74% increase in returns based on the current median price in SOUTH KALGOORLIE.

An average of 8.5 real estate transactions take place per month in SOUTH KALGOORLIE which translates to 102 per annum.

102 properties were sold in SOUTH KALGOORLIE in 2016, making it the 515th most active market in WA based on total real estate transactions.

SOUTH KALGOORLIE, 6430 places 271st in Australia based on median property value growth during the quarter.

Data report can be found below

South Kalgoorlie
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $270,000 N/A
GROWTH REPORT
Median Quarterly 2.47% N/A
Median 12 month 31.71% N/A
Median 3 years 22.73% N/A
Median 5 years -0.18% N/A
10 years average annual 0.22% N/A
Weekly media advert. rent $350 N/A
Time on Market 104.8 days N/A
Gross Rental Yield Percent 6.74% N/A
demographics (median values)*
Total Population
22746
Weekly Household Income
2186
Household Size
2.70
Age
32
Monthly Loan Repayment
1950
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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